A new oil field has been discovered on the shelf of the Pechora Sea. Rosneft reports reserves of 82 million tons.
“82 million tons of recoverable oil reserves have been put on the balance sheet of the state commission on reserves. The place was named “Madachagskoye” and has become one of the largest open shelves in Russia in recent times,” Rosneft reports.
The company disclosed that the field was discovered after drilling an appraisal well within the Medynsko-Varandey international area.
“Drilling was carried out from the shore, with a departure from the vertical up to 1232 m, the total depth of the well reached 4435 m. During the tests, oil flow with a maximum flow rate of 220 m3/day. Obtaining light, low-sulfur, low-viscosity oil,” the report says.
The new birthplace in Pechersk takes place in the presence of the Arctic. According to Rosneft, 7 fields were previously discovered there (Pobeda, named after Marshal Zhukov, named after Marshal Rokossovsky in the Kara Sea, Severo-Gulyaevskoye, Medynskoye-Sea, Varandey-Sea and Pomorskoye in the Pechora Sea). Their total recoverable C1+C2 reserves amount to 333 million tons of oil and condensate and 1.9 trillion cubic meters of gas.
According to Rosstat, in May, oil production in Russia, excluding gas condensate, is 39.8 million tons – 9.2 million barrels per day. This is only 3.1% lower than last year.